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33 Shocking Facts Which Show How Badly The Economy Has Tanked Under Obama
Zero Hedge ^ | 8-21-13 | Michael Snyder

Posted on 08/21/2013 5:27:31 PM PDT by RKBA Democrat

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To: GeorgeWashingtonsGhost

I know some girls who fell for this.. one even called him her new boyfriend. Now her husband has left and she is miserable. And I think she had too many abortions to ever have kids...so she is alone. Aren’t liberals a great friend to women???


41 posted on 08/21/2013 7:04:44 PM PDT by Aria ( 2008 & 2012 weren't elections - they were coup d'etats.)
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To: RKBA Democrat

This is no longer a recession... this is the Great O’pression


42 posted on 08/21/2013 7:10:32 PM PDT by TexasFreeper2009 (Obama lied .. the economy died.)
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To: RKBA Democrat

43 posted on 08/21/2013 7:16:38 PM PDT by Delta 21 (Oh Crap !! Did I say that out loud ??!??)
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To: Huskrrrr

if you still have liberal friends... you’re doing it wrong


44 posted on 08/21/2013 7:18:13 PM PDT by sten (fighting tyranny never goes out of style)
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To: Texas Eagle

is that how much his nonstop vacations have cost?

I have to admit I’m torn... would I really want him ‘working’ more?


45 posted on 08/21/2013 7:22:49 PM PDT by sten (fighting tyranny never goes out of style)
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To: RKBA Democrat

Ping for later


46 posted on 08/21/2013 7:23:56 PM PDT by mykroar (China and Russia are playing chess while Obamas's playing 52 card pick-up.)
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To: goodwithagun

Thanks lots for the advice!


47 posted on 08/21/2013 7:24:55 PM PDT by RKBA Democrat (Power disintegrates when people withdraw their obedience and support)
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To: sten
I have to admit I’m torn... would I really want him ‘working’ more?

It is a conundrum.

48 posted on 08/21/2013 7:25:07 PM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: GeorgeWashingtonsGhost

Really? Women fantasize about him?

Ewww.

On that note, I think it’s time for a shower. G’night all.


49 posted on 08/21/2013 7:29:58 PM PDT by RKBA Democrat (Power disintegrates when people withdraw their obedience and support)
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To: RKBA Democrat
At this point, more than a million public school students in the United States are homeless. This is the first time that has ever happened in our history. That number has risen by 57 percent since the 2006-2007 school year.

Even stranger - the MSM - a group that luvs the homeless - isn't doing stories about them anymore... Any guess as to why?

50 posted on 08/21/2013 7:31:44 PM PDT by GOPJ (- - NSA - The only part of government that actually listens...Joe Kovacs)
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To: RKBA Democrat

Folks, I hate to pour water on the Obamadonk here, because he deserves to be trashed. Fact is, and a lot of us don’t want to admit it, but Senior Buuuush increased jobs by only 0.83% during his two terms. Traditionally up through 2001, it would have been around 15.5% for two terms.

We’ve seen no real growth since 2001. We are 40 million under employed in the nation right now. We are running a 22.8% unemployment. We have another 25% or so who are underemployed, making nowhere what they used to.

Lets hear it for Free Trade. Anyone for three cheers?


51 posted on 08/21/2013 7:33:18 PM PDT by DoughtyOne (This post coming to you today, from behind the Camelskin Curtain. Not the Iron or Bamboo Curtain...)
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To: Sequoyah101

Less than $30,000 a year ... that’s me. It’s a shame that I had to give up being home with my kids, bust my hump in a factory 40+ hours per week, all joints and body parts are wearing out ... for less than $30,000 a year.

It’s one of the better places to work around here ... full-time, steady, with benefits including health insurance, which we needed.


52 posted on 08/21/2013 7:44:12 PM PDT by Cloverfarm (This too shall pass ...)
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To: madprof98

Is the dog’s name really “Sunny”, just a mispronounced “Sunni”?


53 posted on 08/21/2013 7:45:33 PM PDT by Cololeo
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To: RKBA Democrat
Great article, and it finishes so very strong. The last ten points are (with a some exceptions) the most critical...

#23 In 2008, that total amount of student loan debt in this country was 440 billion dollars. At this point, it has shot up to about a trillion dollars.

#24 According to one recent survey, 76 percent of all Americans are living paycheck to paycheck.

#25 During Obama's first term, the number of Americans collecting federal disability insurance rose

by more than 18 percent.

#26 The total amount of money that the federal government gives directly to the American people has grown by 32 percent since Barack Obama became president.

#27 According to the Survey of Income and Program Participation conducted by the U.S. Census, well over 100 million Americans are enrolled in at least one welfare program run by the federal government.

#28 As I wrote about the other day, American households are now receiving more money directly from the federal government than they are paying to the government in taxes.

#29 Under Barack Obama, the velocity of money (a very important indicator of economic health) has plunged to a post-World War II low.

#30 At the end of 2008, the Federal Reserve held $475.9 billion worth of U.S. Treasury bonds. Today, Fed holdings of U.S. Treasury bonds have skyrocketed past the 2 trillion dollar mark.

#31 When Barack Obama was first elected, the U.S. debt to GDP ratio was under 70 percent. Today, it is up to 101 percent.

#32 During Obama's first term, the federal government accumulated more new debt than it did under the first 42 U.S presidents combined.

#33 When you break it down, the amount of new debt accumulated by the U.S. government during Obama's first term comes to approximately $50,521 for every single household in the United States. Are you able to pay your share?

Okay, if you counted, above are the last eleven points. # 23 just belonged.

.

54 posted on 08/21/2013 7:46:22 PM PDT by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: Cololeo

LOL!


55 posted on 08/21/2013 7:47:34 PM PDT by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: RKBA Democrat

56 posted on 08/21/2013 7:48:05 PM PDT by Route395
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To: RKBA Democrat
Yeah, but see, Bush screwed everything up so bad that, well, it's going to take FOREVER to make it right. 0bama might need three or four more terms to get it done.

BTW - I've seen posts on DU(I) that blame REAGAN for a lot of our current economic problems.

57 posted on 08/21/2013 7:54:16 PM PDT by Hardastarboard (Buck Off, Bronco Bama)
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To: Chickensoup

I used cloth diapers too, couldn’t get my daughters to use them for the grandkids though. The price of the cloth diapers is out of sight too but at least you don’t have to keep buying them every week.


58 posted on 08/21/2013 7:56:37 PM PDT by Tammy8 (~Secure the border and deport all illegals- do it now! ~ Support our Troops!~)
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To: NFHale

without a middle class there can be no chance of overthrow. that’s why we all have to be turned into the poor.


59 posted on 08/21/2013 8:08:22 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: RKBA Democrat

Placemark


60 posted on 08/21/2013 8:24:23 PM PDT by Fantasywriter
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